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Lastest Finance News

Hornby says Davies resigns as non-executive chair for health reasons

25th Apr 2024 14:50

(Alliance News) - Hornby PLC on Thursday said Lyndon Davies will step down as non-executive chair on April 30 due to "personal, health related, reasons." Read More

IN BRIEF: Driver expects half-year revenue and profit drop

25th Apr 2024 14:49

Driver Group PLC - Lancashire, England-based provider of consultancy services to the construction and engineering industries - Expects to report revenue for the six months ended March 31 of GBP22.5 million, down 7.0% from GBP24.2 million the year before. Says it will also report an underlying pretax profit of around GBP600,000, down 14% from GBP700,000 a year prior. Looking ahead, says it continues to perform well across the UK and Europe. Key focus remains the delivery of its transformation strategy. Chief Executive Officer Mark Wheeler says: "I am pleased to see our strategy delivering improved performance in both [Asia Pacific] and the Middle East, which have both returned to profit. Management have acted promptly in resolving the challenges in North America, and our UK and European regions continue to perform well. I believe the group is therefore well-placed to move forward positively into [the second half of financial 2024]." Driver is set to publish results for the first half of its financial year on June 12. Read More

Marula Mining begins secondary listing trading on A2X in South Africa

25th Apr 2024 14:30

(Alliance News) - Marula Mining PLC on Thursday said it has begun trading its shares on A2X Proprietary Ltd, which is an independent stock exchange in South Africa. Read More

Vianet quarterly turnover grows; secures payment solution contract

25th Apr 2024 14:29

(Alliance News) - Vianet Group PLC on Thursday gave an update on its first quarter trading, and said it has secured a multi-year contract with a UK-based car wash company. Read More

IN BRIEF: Strip Tinning wins contract for smart glass in electric car

25th Apr 2024 14:24

Strip Tinning Holdings PLC - Birmingham, England-based provider of connection systems to automotive sector - Wins contract to supply 'smart' roof glass for a new electric vehicle range being developed by a German automaker. The contract is with a "leading European automotive Tier 1 systems manufacturer". Neither the direct customer nor the carmaker are named by Strip Tinning. It says supply of the polymer dispersed liquid crystal technology roof glass will start in the third quarter of 2026 and run until 2031. The contract is worth GBP12.3 million in its lifetime, peaking at GBP2.6 million per year. Strip Tinning says total lifetime sales value for all supplier nominations held by the company now is GBP52.7 million. Strip Tinning had GBP10.2 million in revenue in 2022 and GBP5.6 million in the first half of 2023. Read More

Cordel rises on deal with national railway in APAC region

25th Apr 2024 14:23

(Alliance News) - Cordel Group PLC shares jumped on Thursday, after it said it has won a contract with "a major national railway in the Asia Pacific region." Read More

Merit Group shares rise as surpasses market expectations

25th Apr 2024 14:05

(Alliance News) - Merit Group PLC shares jumped on Thursday, after it said its annual results are ahead of market expectations. Read More

Smarttech247 signs EUR720,000 contract for cybersecurity services

25th Apr 2024 13:58

(Alliance News) - Smarttech247 Group PLC on Thursday announced the signing of a new contract with an undisclosed prominent financial organisation. Read More

Camellia finance chief to stand down at AGM in June, names successor

25th Apr 2024 13:55

(Alliance News) - Camellia PLC on Thursday said its chief financial officer will not stand for re-election at its annual general meeting and so has named a successor. Read More

Ariana Resources agrees all-share merger with Zimbabwe project owner

25th Apr 2024 13:12

(Alliance News) - Ariana Resources PLC on Thursday said it has agreed to buy all of Rockover Holdings Ltd, the owner of the Dowke gold project in Zimbabwe. Read More

Anexo makes Bringloe permanent chief financial officer again

25th Apr 2024 12:54

(Alliance News) - Anexo Group PLC on Thursday said Interim Chief Financial Officer Mark Bringloe will take on the role on a permanent basis once again. Read More

Argo Blockchain narrows annual loss amid bitcoin recovery in 2023

25th Apr 2024 12:47

(Alliance News) - Argo Blockchain PLC on Thursday said the company strengthened its financial position last year, thanks to cost cutting and a rally in the price of bitcoin. Read More

Afentra touts government approval for acquisition of Azule interests

25th Apr 2024 12:46

(Alliance News) - Afentra PLC on Thursday said that it has received approval from the Government of Angola for its acquisition of two non-operating interests from Azule Energy Angola Production BV. Read More

Bank of Cyprus prices EUR300 million 5% green senior preferred notes

25th Apr 2024 12:28

(Alliance News) - Bank of Cyprus Holdings PLC on Thursday said it will issue EUR300 million in green senior preferred notes under its euro medium-term note programme, which it expects to settle on Thursday next week. Read More

Kromek rises on USD2.9 million order from US federal customer

25th Apr 2024 12:22

(Alliance News) - Kromek Group PLC shares jumped on Thursday, after it said it has won a contract, worth up to USD2.9 million. Read More

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